Soybeans were sharply lower on fund and technical selling, ending the day near the session’s lows. Most ag commodities and the broader market in general continued to react to concerns about coronavirus and global economic health. That drop in the broader market was despite the Federal Reserve slashing interest rates and introducing an aggressive bond buying program. Beans are also waiting to see the phase one agreement improvement in demand from China. Export inspections were bearish with the USDA reporting no U.S.
